Beacon Hill, Sylvan Lake · MLS® A2336014
111
558 sq ft · Condo · Single Family · built 2008 · 76 days on market
listed by Kari Flaws, Royal LePage Network Realty Corp.
Welcome home to this 4th-floor, 1 bedroom + den/living room condo in Beacon Hill, where you get natural light and unobstructed views over a greenspace! Inside, the layout is functional and easy to live in. The kitchen offers warm cabinetry, ample counter space, and a full appliance package, opening into the dining area-ideal for everyday living or casual hosting. Updated vinyl plank flooring runs through the main space, adding both durability and a modern touch. The den functions as your main living room, giving you a comfortable and separate space to relax, watch TV, or unwind without sacrificing your dining area. The main living space leads out to your private balcony, where you can enjoy your morning coffee or evening downtime while taking in the open landscape views. The primary bedroom is generously sized with a full closet, while the layout keeps everything efficient and practical. You’ll also appreciate the full bathroom with in-suite laundry, keeping everything convenient and self-contained. Located in a well-managed building with elevator access, this unit is ideal for buyers looking for low-maintenance living, a lock-and-leave lifestyle, or a solid investment property. Minutes to the lake, trails, and everyday amenities—everything you need, without the upkeep!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $740 · tax $119 · strata $384 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Sylvan Lake: CMHC's average there ($1,355) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $1,699 a year
The asking price times Sylvan Lake's 2026 residential rate of 10.00 per $1,000 (municipal and education).
The listing shows $1,430 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 16/100 · Car needed for most errands
Within a 10 minute walk: 2 parks and playgrounds, 1 school.
mihom score from OpenStreetMap places, by straight line distance.